Why is JSW Infrast falling/rising?

As of 23-Jul, JSW Infrastructure Ltd is experiencing a price increase, currently at Rs 322.00, reflecting a rise of 4.75 (1.5%). The stock has shown strong performance recently, outperforming its sector by 1.5% today and achieving a consecutive gain over the last three days with a total return of 4.49%. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a decline in investor participation, with delivery volume dropping by 10.03% compared to the 5-day average. The company benefits from a low Debt to EBITDA ratio of 0.64 times, strong net sales growth of 25.30%, and an increase in institutional investor participation, which collectively support its recent upward movement.
In the broader market context, JSW Infrastructure's short-term return of 3.04% over the past week significantly outpaces the Sensex, which has only increased by 0.11% during the same period. This indicates that the stock is gaining traction relative to the overall market. However, on a year-to-date basis, the stock's performance of 1.27% lags behind the Sensex's 5.87% increase, suggesting that while the stock is currently rising, it has not performed as well over a longer timeframe. The recent positive momentum, driven by strong fundamentals and institutional interest, contrasts with its longer-term performance, where it has seen a decline of 2.29% over the past year compared to the Sensex's gain of 2.86%.